462 Ellerslie Avenue
462 Ellerslie Avenue
$1,249,000
29 days on market
About This Listing
***Extremely Rare Huge 50 ft x 300 ft Lot ----- Investors, Developers, Builders, Renovators & End Users ------ Very rare & precious opportunity ------ Multiplex or Multi-Unit Residential Development***Great Location in the highly sought-after Willowdale West community, North York***This property is not good for a family to move in right, however, it offers exceptional potentials for renovation, expansion, redevelopment, or future investment! As the City of Toronto continues to support increased housing options in residential neighbourhoods, this super expansive lot may present excellent opportunities for redevelopments, subject to zoning by-laws, building permits, and all required municipal approvals, never miss it! Under the impact of AI, the redevelopment of property can meet three critical demands: Multi-Generational Houses, Multiple-Unit Versatility, and Integrated Hybrid Workspaces. This huge lot property is uniquely engineered to meet the emerging requirements, making it a premier opportunity for forward-thinking and motivated investor/builder/devloper! Conveniently located just steps to parks, ravines, greenbelts, schools, public transit, community centre, plaza, shopping, and everyday amenities.
| Monthly Mortgage (P&I) | $5,442 |
| Property Tax (MLS) | $635 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,077 |
Down payment: $249,800 (20.0%) · Mortgage: $999,200
Property tax uses MLS annual tax of $7,624/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by TAIHOME REALTY INC.
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Data last updated: August 21, 2026 at 04:25 a.m.